Tornado Alley (PROG)

[SilverSurfer]

I don't blame the any of the Dems, I give them credit for having enough sense to slow down, but wait, looks like they may ram in the reconciliation side door. Finally some leadership!

Gotta love this list >>

http://www.fedspending.org/rcv/tables.php?tabtype=t2&rowtype=a&year=2009&subtype=a&sorttype=tot

I think every one of the top 100 is government. So we take money from one pocket and put in another and claim to be richer... lol

"In the end, though, the crucial question is whether all of this activity is worth $787 billion.

The theory behind the stimulus was that a dollar spent on unemployment benefits will travel from the recipient to, for example, a grocery store. The store owner can use the dollar to stock his shelves with a can of beans. When the dollars start adding up, that’s a lot more business for farmers, canners and truck drivers. In other words, the stimulus was predicated on the Keynesian notion of multiplier effects—one dollar of government spending can produce more than a dollar’s worth of economic activity. Trying to calculate these multiplier effects is a challenge for economists. It can be almost impossible for state governments.

Conservative economists tend to be skeptical of multipliers. They argue that every dollar of government spending adds a dollar to the deficit. Larger deficits, they say, will one day force tax increases, hurting the economy in the future. Deficits could even hurt in the short run, the argument goes, if consumers anticipate future tax increases and save rather than spend. (and the multiplyer is less when watered down and bled off through bureacracy)

Liberal economists see it differently. They view new spending—especially the safety-net spending that has been the early emphasis in the states—as a way not only to ease the effects of the recession but also to get money circulating quickly in the private economy. The worst contributor to the deficit, they argue, wouldn’t be short-term spending, but rather a long recession that would stifle economic growth."
http://www.governing.com/article/stimulus-results-difficult-pin-down

or do you agree with "Paul Krugman, last year's winner of the Nobel Prize for economics and a regular columnist for the New York Times, recently wrote that you should “write off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money.” "

http://www.rasmussenreports.com/public_content/business/general_business/january_2009/most_say_tax_cuts_always_better_than_increased_spending

Payroll FiCa Tax Holiday!